Khaleda Petroleum Company has achieved unprecedented record numbers in its history during the last fiscal year, where the company recorded the highest daily crude oil production rate of more than 141,000 barrels and the highest annual crude oil production rate of more than 49 million barrels,

The first meeting of the EOG HSE Subcommittee was held on Wednesday at Halliburton's office to discuss ideas on how to enhance HSE practices across the Egyptian petroleum sector and raise the level of awareness among the workforce, by establishing a culture of safety that builds on the industry’s accumulated experience.

The Egyptian petroleum sector’s first nationwide blood donation campaign has witnessed remarkable participation, with 4,426 donors lining up in 78 company premises and 13 fields across nine governorates.

Khalda Petroleum Company plans to expand its butane production in 2020 to around 120 tons per day.

The company plans to drill 35 exploratory wells and 44 development wells and to complete wells to achieve an average production of 134,000 barrel per day (b/d) of crude oil, 28,000 b/d of condensates, 106 tons of butane and 750 million standard cubic feet per day (mmscf/d) of natural gas.

Khalda Petroleum Company plans to drill 28 exploratory wells in fiscal year (FY) 2018/2019, from which three wells will be drilled in Siwa Concession.

The Egyptian General Petroleum Corporation (EGPC) signed three oil and gas exploration and production (E&P) agreements worth $50 million.

Khalda Petroleum Company’s production of natural gas reached 4,643,282 barrels of oil equivalent (boe) in July, 99% of its targeted production of 4,677,635 boe for the month.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Qarun Petroleum Company and Khalda Petroleum Company to review their fiscal year (fy) 2016/2017 operations.

Tarek El Molla visited Khalda Petroleum's concessions in the Western Desert and pointed out measures taken to encourage international oil companies (IOCs) to boost investments in the country.